Why do people keep saying BTC is dead?! - page 77.

Samadur

sr. member

Activity: 287

Merit: 250

Quote from: MyIdeas on July 28, 2016, 12:24:49 PM

Quote from: freedomgo on July 28, 2016, 11:22:52 AM

Quote from: Nimbulan on July 27, 2016, 11:16:15 AM

Quote from: torrentheaven on July 19, 2016, 05:49:13 PM

I think people are not aware about what bitcoin is and they dont know how to use is and that is the reason they don't entertain the entire concept of bitcoin.

i think that might be the case, besides that people might be afraid of bitcoin evolving and taking over the banks and other financial institutions

People are not actually afraid but banks are, they will be the most who are affected if bitcoin population will grow substantially as people will prefer to bank their money in blockchain once educated that put their money in a bank which is subject to inflation and sometimes with negative interest rate.

Yeah, the organizations like banks and altcoins do not want bitcoin to become more powerful as they feel a threat from the success of bitcoin to their business, and so they try to put in the minds of people that bitcoin is going to die.

You are very logical reasoning, like I have not seen here. Basically, all loudly that Bitcoin is our future. But at the same time, absolutely can not explain why they think so. Your words, more accurately characterize the situation of the Bitcoin, today.

potatopower

sr. member

Activity: 296

Merit: 250

CryptoTalk.Org - Get Paid for every Post!

Quote from: Xavofat on July 28, 2016, 11:03:27 AM

Some big whale want you to think the bitcoin is dead so they can buy more bitcoin and make good profit.

i think you might be right about it but actually whales might also want to see higher prices to make more profit out of bitcoins they have

people sometimes hate bitcoins then they say that it is dead because they want it to be dead so there would be no threat for banks

Maesters1-

sr. member

Activity: 252

Merit: 250

Quote from: Xavofat on July 28, 2016, 11:03:27 AM

Some big whale want you to think the bitcoin is dead so they can buy more bitcoin and make good profit.

yes that is a fact and we can see that the price of bitcoin is quite stable and not decreasing it is still trading in a high rate but still we can say that it has potential to raise more high and high. so it is not good to say that bitcoin is dead because its user and investors are active then how can bitcoin be dead so easily.

MyIdeas

sr. member

Activity: 734

Merit: 250

Quote from: freedomgo on July 28, 2016, 11:22:52 AM

Quote from: Nimbulan on July 27, 2016, 11:16:15 AM

Quote from: torrentheaven on July 19, 2016, 05:49:13 PM

I think people are not aware about what bitcoin is and they dont know how to use is and that is the reason they don't entertain the entire concept of bitcoin.

i think that might be the case, besides that people might be afraid of bitcoin evolving and taking over the banks and other financial institutions

People are not actually afraid but banks are, they will be the most who are affected if bitcoin population will grow substantially as people will prefer to bank their money in blockchain once educated that put their money in a bank which is subject to inflation and sometimes with negative interest rate.

Yeah, the organizations like banks and altcoins do not want bitcoin to become more powerful as they feel a threat from the success of bitcoin to their business, and so they try to put in the minds of people that bitcoin is going to die.

morantis

hero member

Activity: 868

Merit: 503

Quote from: goldcoinminer on July 28, 2016, 11:30:34 AM

Quote from: MingLee on July 28, 2016, 11:26:27 AM

Quote from: Xavofat on July 28, 2016, 11:03:27 AM

Some big whale want you to think the bitcoin is dead so they can buy more bitcoin and make good profit.

Not even just the whales, some smaller investors do the same thing and think that they actually have an impact or something on the value by saying that Bitcoin is dead. They don't really, but they believe they mean something when the price moves due to some big news.

Only big press releases or big news moves the value, individuals making statements that aren't well known in the community are ignored.

I believe that most of the investors of the bitcoin are smart people and we just don't listen to any bad information regarding bitcoins without any valid proof, we protect our investment so it is our responsibility to seek for a more reliable information to make the right judgement.

lol, i am sorry, how big is your "investment" exactly, there are so many people on here that claim that they have "invested" money and it is something like $100, that is a pathetic joke, investing for profit requires real money, not some $5 per week throw back

goldcoinminer

hero member

Activity: 952

Merit: 500

Quote from: MingLee on July 28, 2016, 11:26:27 AM

Quote from: Xavofat on July 28, 2016, 11:03:27 AM

Some big whale want you to think the bitcoin is dead so they can buy more bitcoin and make good profit.

Not even just the whales, some smaller investors do the same thing and think that they actually have an impact or something on the value by saying that Bitcoin is dead. They don't really, but they believe they mean something when the price moves due to some big news.

Only big press releases or big news moves the value, individuals making statements that aren't well known in the community are ignored.

I believe that most of the investors of the bitcoin are smart people and we just don't listen to any bad information regarding bitcoins without any valid proof, we protect our investment so it is our responsibility to seek for a more reliable information to make the right judgement.

MingLee

hero member

Activity: 490

Merit: 520

Quote from: Xavofat on July 28, 2016, 11:03:27 AM

Some big whale want you to think the bitcoin is dead so they can buy more bitcoin and make good profit.

Not even just the whales, some smaller investors do the same thing and think that they actually have an impact or something on the value by saying that Bitcoin is dead. They don't really, but they believe they mean something when the price moves due to some big news.

Only big press releases or big news moves the value, individuals making statements that aren't well known in the community are ignored.

freedomgo

legendary

Activity: 3150

Merit: 1148

Fully Regulated Crypto Casino

Quote from: Nimbulan on July 27, 2016, 11:16:15 AM

Quote from: torrentheaven on July 19, 2016, 05:49:13 PM

I think people are not aware about what bitcoin is and they dont know how to use is and that is the reason they don't entertain the entire concept of bitcoin.

i think that might be the case, besides that people might be afraid of bitcoin evolving and taking over the banks and other financial institutions

People are not actually afraid but banks are, they will be the most who are affected if bitcoin population will grow substantially as people will prefer to bank their money in blockchain once educated that put their money in a bank which is subject to inflation and sometimes with negative interest rate.

Xavofat

hero member

Activity: 938

Merit: 559

Did you see that ludicrous display last night?

Some big whale want you to think the bitcoin is dead so they can buy more bitcoin and make good profit.

Nimbulan

hero member

Activity: 658

Merit: 500

Quote from: torrentheaven on July 19, 2016, 05:49:13 PM

I think people are not aware about what bitcoin is and they dont know how to use is and that is the reason they don't entertain the entire concept of bitcoin.

i think that might be the case, besides that people might be afraid of bitcoin evolving and taking over the banks and other financial institutions

Jimbola3

sr. member

Activity: 382

Merit: 250

Quote from: vlight on July 21, 2016, 06:40:26 AM

Because people thought BTC will overthrow fiat money overnight. This didn't happen so they lost hope.

Hmm.. that could be a reason but in my opinion there aren't that much people who thinks fiat will be replaced by bitcoin and gives more priority to fiat and take bitcoin as only investment so what for those people then ?

Yakamoto

legendary

Activity: 1218

Merit: 1007

Quote from: fikihafana on July 27, 2016, 10:41:06 AM

These people are very negative at this time about Bitcoin. Namely they find the value too low. But I think people have to be patient and wait for a good value.

The value is always too low for them, if it isn't setting a new all-time high then they aren't satisfied and some will go as far as to think that Bitcoin is dying because it isn't making a new market cap record every day of the week. Or you have very cynical users who think it' collapsing just because.

TastyChillySauce00

legendary

Activity: 3010

Merit: 1028

Leading Crypto Sports Betting & Casino Platform

Quote from: fikihafana on July 27, 2016, 10:41:06 AM

These people are very negative at this time about Bitcoin. Namely they find the value too low. But I think people have to be patient and wait for a good value.

well that's hater's characteristic,always hating everything they hate even the thing which they always hating have a positive side,just getting blinded by their emotions so they can't think logically and normally,and at the end,whay they've done doesn't matter for bitcoin

fikihafana

sr. member

Activity: 462

Merit: 250

These people are very negative at this time about Bitcoin. Namely they find the value too low. But I think people have to be patient and wait for a good value.

goinmerry

legendary

Activity: 2940

Merit: 1083

Quote from: Tanic on July 27, 2016, 07:33:21 AM

well, I see topics kind of "bitcoin is dead", "sell" same as I see topics "time to buy" "bitcoin rise", so I do not know what to believe. But I have some friends here who are longer in all this and have like hero rank, they all say that all those topics about death of bitcoin created to make people sell it to somebody could buy it by the low price and in a time, when price for bitcoin will rise - some of those people can became a millionares.

And your friend is correct with that. They create false information for people to get scared and maybe try to panic sell. That way price will go down and they will start buying as many as they can.

Tanic

sr. member

Activity: 294

Merit: 250

well, I see topics kind of "bitcoin is dead", "sell" same as I see topics "time to buy" "bitcoin rise", so I do not know what to believe. But I have some friends here who are longer in all this and have like hero rank, they all say that all those topics about death of bitcoin created to make people sell it to somebody could buy it by the low price and in a time, when price for bitcoin will rise - some of those people can became a millionares.

bitcoinisfurture

hero member

Activity: 700

Merit: 500

People will definitely only mention that Bitcoin is dead is because of continued low value rates. This will disappoint people all over the world for nowadays bitcoin has been all around for business and transaction. If bitcoins value will continue to fall this will be definitely dead.

goldcoinminer

hero member

Activity: 952

Merit: 500

Quote from: xIIImaL on July 22, 2016, 02:28:22 AM

Quote from: rababo on July 22, 2016, 02:06:35 AM

I think it's because the media often make some bad news about bitcoin. Those news could make bitcoin has negative review. And because of it peope are afraid to use bitcoin and prefer to avoid it.
In fact, with all those bad news about bitcoin, bitcoin still strong as best cryptocurrency untill now, and we should keep in faith to bitcoin, because bitcoin has great future ahead.

Most of the media and Some users really don't know how to make profit with bitcoin. They buy or sell their Bitcoin at the inappropriate time and end up in loss. This needs a clear understanding of Bitcoin and its technology. Only then these statements can be overcome...

I think any investment should be carefully evaluated before you will put your money and since bitcoins is a digital currency and investment as well it is risky to put your investment in this as it is not regulated by the government.

The ups and downs of the price is just normal and with the current price we can still make money but when you are easily tempted to sell when you see a panic selling you will not succeed in your goal.

xIIImaL

legendary

Activity: 1372

Merit: 1005

Quote from: rababo on July 22, 2016, 02:06:35 AM

I think it's because the media often make some bad news about bitcoin. Those news could make bitcoin has negative review. And because of it peope are afraid to use bitcoin and prefer to avoid it.
In fact, with all those bad news about bitcoin, bitcoin still strong as best cryptocurrency untill now, and we should keep in faith to bitcoin, because bitcoin has great future ahead.

Most of the media and Some users really don't know how to make profit with bitcoin. They buy or sell their Bitcoin at the inappropriate time and end up in loss. This needs a clear understanding of Bitcoin and its technology. Only then these statements can be overcome...

yhansky

full member

Activity: 126

Merit: 100

Quote from: rababo on July 22, 2016, 02:06:35 AM

I think it's because the media often make some bad news about bitcoin. Those news could make bitcoin has negative review. And because of it peope are afraid to use bitcoin and prefer to avoid it.
In fact, with all those bad news about bitcoin, bitcoin still strong as best cryptocurrency untill now, and we should keep in faith to bitcoin, because bitcoin has great future ahead.

As long as bitcoin exist it will not be going to be dead. Bitcoin is a like drug, once you use it,you cant it stop.
As long as there are users bitcoin will live forever.

Topic: Why do people keep saying BTC is dead?! - page 77. (Read 225548 times)